CRC Q1 2018 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q1 2018 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$647M+25.1% YoY

Gross Profit

$308M47.6% margin

Operating Income

$207M32.0% margin

Net Income

-$2M-0.3% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$200M

Free Cash Flow

$61M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.7B

Total Liabilities

$6.6B

Stockholders' Equity

-$763M

Cash & Equivalents

$494M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$647M	$517M	+25.1%
Gross Profit	$308M	$160M	+92.5%
Operating Income	$207M	$60M	+245.0%
Net Income	-$2M	$52M	-103.8%

Revenue Segments

Oil Reserves

$466M81%

Natural Gas Liquids Reserves

$63M11%

Natural Gas Reserves

$46M8%